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differences, variation in the price of child care and domestic productivity differences as determinants of across-household … heterogeneity in second earner labor supply, and of the resulting relationship between household income and the well-being of … household members. A central result is that taking account of a richer and more realistic specification of household time use …
Persistent link: https://www.econbiz.de/10013059499
sufficient conditions for the existence of competitive equilibria with endogenous household formation and public choice …
Persistent link: https://www.econbiz.de/10013047312
with resources (commodity bundles) and shares of firm ownership. Household members are characterized by individual … preferences, possibly with intra-household consumption externalities. Household decisions adhere to the collective rationality …
Persistent link: https://www.econbiz.de/10013315948
We present a non-cooperative model of a family's time allocation between work and a home-produced public good, and examine whether the income tax should apply to couples or individuals. While tax-induced labor supply distortions lead to overprovision of the public good, spouses' failure to...
Persistent link: https://www.econbiz.de/10013139871
time to different activities. In order to do so, we empirically estimate a collective household labor supply model. The … main findings are that: (1) Leisure and household income are the most important variables in the utility function of the … male. (2) Leisure, total household production and total household production interacted with family size are important …
Persistent link: https://www.econbiz.de/10012774044
information structure and labor supply decisions follow the Mirrleesian tradition. However, while the household's total …
Persistent link: https://www.econbiz.de/10013027088
This paper is a survey of the literature on theoretical models of the household, paying particular attention to some of … the earlier contributions, and using them to place the current state of the theory in perspective. One of its aims is to … household's preference ordering over the utility profiles of its members depends on exogenous variables, in particular wage …
Persistent link: https://www.econbiz.de/10013316648
This paper studies the optimal non linear income tax of couples. We build a general unitary model of labor supply and allow multidimensional heterogeneity in a discrete type framework. We concentrate our analysis on the resulting intra-family labor allocation of labor supplies and show that this...
Persistent link: https://www.econbiz.de/10012777292
African households, household resource allocations were not Pareto efficient. This paper argues that observation of the Pareto … inefficiency of a household resource allocation does not however refute the hypothesis that it chooses this resource allocation as … if it maximises some form of household welfare function possessing the Pareto property. To refute that hypothesis it is …
Persistent link: https://www.econbiz.de/10012771691
Baumol's cost disease states that relatively high productivity growth in manufacturing induces a steady increase in the relative price of human services. If demand for these services is inelastic or manufactured goods are necessities, the budget share of these services inexorably rises over time...
Persistent link: https://www.econbiz.de/10013317376